Revenue segments as reported by the company.

Homes

Residential

Rentals

Other

Mortgages

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Impairment costs

Acquisition-related costs

Integration costs

Restructuring costs

Impairment and restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Zillow exits iBuying, reports strong Q4 earnings, eyes growth pillars

Zillow Group's strategic shift towards increasing customer transaction share and building a housing super app reflects a commitment to innovation and growth in a challenging market environment.
Despite short-term challenges and market uncertainties, Zillow's strong financial performance in Q4 and strategic outlook for Q1 position the company for long-term success and market leadership.
By focusing on customer-centric strategies, product innovations, and revenue diversification, Zillow aims to drive share growth, enhance customer experience, and solidify its position in the real estate market.

Zillow beats Q1 expectations, eyes growth in AI and loans

Zillow Group's Q1 performance exceeded expectations, with strong revenue and EBITDA figures.
The company's focus on AI, real-time touring, and Zillow Home Loans presents growth opportunities.
Challenges include market forecast declines and the need to enhance lead conversion strategies.
Opportunities lie in leveraging Premier Agents, real-time touring, and improving the digital mortgage experience.

Zillow surpasses Q2 revenue expectations, eyes AI and market expansion

Zillow's Q2 2023 earnings call highlighted robust financial performance, strategic investments in technology, and market share gains across key segments. The company's focus on innovation, partnerships, and operational efficiencies positions it well to navigate challenges and capitalize on growth opportunities in the real estate industry.

Zillow reports robust Q3 revenue growth amidst industry challenges

Zillow's Q3 performance showcased revenue growth and strategic acquisitions, underscoring its resilience in the face of industry challenges.
Despite facing lawsuits and market uncertainties, Zillow's strong position, unique assets, and growth strategies position it well for future opportunities.
Challenges in commission transparency, mortgage rates, and financial optimization require careful management, but Zillow's proactive stance and market strengths offer avenues for growth.
Opportunities in market transitions, service enhancements, product expansion, and Rentals business growth provide avenues for Zillow to capitalize on evolving real estate dynamics.

Zillow reports strong Q4 earnings, eyes double-digit growth in 2024

Zillow's Q4 performance reflects revenue growth, operational strengths, and strategic positioning for future expansion.
While facing challenges in integration and cost management, Zillow is poised for double-digit growth in 2024 with a focus on key opportunities.
The company's emphasis on real-time touring, rental growth, and product integration underscores its commitment to innovation and market leadership.

Zillow exceeds Q1 expectations, eyes double-digit growth and tech innovation

Zillow's Q1 performance reflects strong revenue growth, operational efficiency, and a positive outlook for 2024, driven by strategic initiatives and market focus.
The company's strengths lie in consumer-centric solutions, Rentals business growth, and innovative technologies enhancing customer engagement and sales.
Challenges include market dynamics impacting first-time homebuyers, the need for continued innovation, and effective management of rental properties.
Opportunities for Zillow include growth pillars like Rentals and Listing Showcase, market expansion, and leveraging technology for enhanced customer experiences.

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Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

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Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Dutch Bros

Take-Two Interactive Software

Demographics are an underappreciated theme in investing. Over time, as demographic groups enjoy rising income and purchasing power, they drive an increasing portion of economic activity.

Young Money: 3 Stocks Perfect for Millennial and Gen-Z Investors

The NAR ruling on brokerage commissions has negatively impacted real estate stocks, including Zillow. However, Zillow has the potential to rebound as more home shoppers turn to a DIY approach and rely on the platform for their real estate needs. Zillow's broad portfolio of platforms, multiple routes to monetization, and strong Q4 results make it a promising long-term investment.

Zillow: Buy The Dip After The NAR Ruling

Zillow finds homes featuring TikTok trends, like plant ledges and rounded corners, sell nearly a week faster New Zillow research finds outdoor TVs, outdoor showers and outdoor kitchens can help homes sell for as much as 3.1% more than expected. Fresh features are replacing old favorites.

Tricked-out backyards can help homes sell for $10,000 more

Housing changed forever last week, and that's great news for Zillow.

Zillow Is Now in Pole Position in a $1 Trillion Market

Property managers' race to woo tenants eases, signaling a tighter market for renters this spring SEATTLE , March 20, 2024 /PRNewswire/ -- After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow's latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year ago, with the share of rentals offering a concession rising 5.6 percentage points.

Concessions cool as spring rental season approaches

CoStar Group

An agreement to change how real estate brokers are paid will change housing for everyone.

The $52 Trillion Housing Market Just Changed Forever

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) investors concerning the Company's possible violations of federal securities laws. On March 5, 2024, Spruce Point Capital Management published a report alleging, among other things, that Zillow “uses wildly aggressive revenue recognition and expense policies that can be used to embellish revenues and earnings, which is alarming in.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the broader indices, as seen in the chart below.

CE 100 Index Gives Up 1.2%, Led by Zillow's Share Slide

Zillow fell hard after the NAR agreed to new rules changing the way realtors are compensated. The new rules could significantly reduce realtor commissions and force hundreds of thousands of realtors out of the business.

Why Zillow Group Stock Dropped Today

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Zillow investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your cont.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 5, 2024, Spruce Point Capital Management published a report alleging, among other things, that Zillow “uses wildly aggressive revenue recognition and expense polici.

The Law Offices of Frank R. Cruz Continues Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

Redfin

Stocks of a number of real-estate companies such as Zillow (Z), Redfin (RDFN), and Compass (COMP) fell Friday after the National Association of Realtors (NAR) announced a $418 million settlement that could have significant impacts on the U.S. residential real-estate industry.

Zillow, Redfin Among Real-Estate Stocks Falling After NAR Settlement

Compass

The National Association of Realtors announced a $418 million settlement to end antitrust lawsuits. The NAR agreed to a new set of rules, which will reset long-held standards on commissions.

Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions

Shares of Zillow Group, Redfin, and Opendoor were all falling in Friday trading.

Zillow and Other Real Estate Stocks Take a Beating. Here's Why.

Zillow (NASDAQ: Z) stock price has come under intense pressure. It plunged by more than 10% on Friday, reaching a low of $49.12, its lowest level since December 13th.

Zillow stock price forecast: the plot thickens

Douglas Elliman

Anywhere Real Estate Inc

The powerful National Association of Realtors has agreed to eliminate rules on commissions to settle lawsuits and to pay $418 million in damages, the New York Times reported Friday. The group later confirmed the report in a statement.

Realtor group agrees to cut commissions to settle lawsuits, in a move that could reshape home sales

New listings are up 21% annually, evidence of rate lock easing New listings rose annually in every major metro. Total inventory rose 12% year over year; the largest gains came in the South.

Influx of sellers arrives just in time for spring season

NEW YORK--(BUSINESS WIRE)---- $Z #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Zillow Group, Inc. (“Zillow” or “the Company”) (NASDAQ: Z). Investors who purchased Zillow securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/Z. Investigation Details: On March 5, 2024, Spruce Point Capital released a report alleging potential premature revenue recognition.

Zillow Group, Inc. (Z) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

New Zillow research suggests the spring home-shopping season may see a second wave if mortgage rates fall A Zillow analysis of 2023 home sales finds that homes listed in the first two weeks of June sold for 2.3% more.  The best time to list a home for sale is a month later than it was in 2019, a change likely driven by mortgage rates.

Homes listed for sale in early June sell for $7,700 more

Zillow Group, Inc. (NASDAQ:Z ) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 4:20 PM ET Company Participants Jeremy Hofmann - Chief Financial Officer Conference Call Participants Matt Cost - Morgan Stanley Matt Cost All right. Thank you so much everyone for being here.

Zillow Group, Inc. (Z) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) investors concerning the Company's possible violations of federal securities laws. On March 5, 2024, Spruce Point Capital Management published a report alleging, among other things, that Zillow “uses wildly aggressive revenue recognition and expense policies that can be used to embellish revenues and earnings, which is alarming in.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

Zillow (NASDAQ: Z ) stock is in the news Wednesday after the real estate website manager was hit with a short report from Spruce Point Capital Management, LLC. Spruce Point Capital points to a few reasons why trouble is brewing for Z stock.

Is Zillow (Z) Stock on the Brink of Death? This Short Seller Thinks So.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Zillow investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities law.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 5, 2024, Spruce Point Capital Management published a report alleging, among other things, that Zillow “uses wildly aggressive revenue recognition and expense policie.

The Law Offices of Frank R. Cruz Announces Investigation of Zillow Group, Inc. (Z, ZG) on Behalf of Investors

U.S. existing home sales recently hit a 13-year low due to the rapid rise in interest rates since mid-2022. Zillow Group struggled to generate growth as a result.

News for Zillow Stock (Z)